Austin TX Mortgage Refinancing for Investment Properties
- Close on your loan in as little as 5 business days
- Bad credit or no credit OK
Mortgage Refinancing
Basically, taking cash out of your home or home mortgage refinancing allows a home owner to get the cash from your home equity and refinance your current mortgage. For example, if your current home is worth $300,000 and you still owe $180,000 (that leaves you with $120,000 in equity) and your interest rate is at 6.5%. You could refinance at 5.5% and take out $60,000. Then you would be increasing your mortgage balance to $240,000 and reducing your equity to $60,000. It really depends on how much cash you need and how you want your payments restructured. Remember, this is just an example and every situation is unique.
Get A Fixed Rate
Refinance your investment property and get a low fixed interest rate. Credit scores of at least 620 can qualify for a fixed interest rate loan and many times allow you to take cash out of your home to consolidate debt. Since we represent America ’s Best Lenders, you’ll know your getting the best refinance loan and the lowest interest rate for your credit situation. Our team is ready to help you with your austin texas mortgage refinance loan.
We work with our neighbors in Austin every day. We are known for our excellent customer service and our determination to find the best mortgage rates for our customers. If you have any questions don't hesitate to ask a member of our team.
- Austin
- Cedar Park
- Georgetown
- Westlake
And of course, the rest of Texas!